2022 Q3 Form 10-Q Financial Statement

#000162828022021348 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $757.8M $729.8M $716.5M
YoY Change 6.91% 11.46% 36.81%
Cost Of Revenue $576.6M $561.5M $555.1M
YoY Change 4.26% 12.42% 49.55%
Gross Profit $181.2M $168.3M $161.4M
YoY Change 16.3% 8.37% 5.88%
Gross Profit Margin 23.91% 23.06% 22.52%
Selling, General & Admin $57.12M $56.27M $49.00M
YoY Change 25.41% 32.48% 24.06%
% of Gross Profit 31.53% 33.44% 30.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.67M $82.69M $87.60M
YoY Change 18.56% -2.09% 50.26%
% of Gross Profit 46.19% 49.14% 54.29%
Operating Expenses $57.12M $56.27M $136.6M
YoY Change 25.41% 32.48% 39.54%
Operating Profit $23.17M $23.67M $24.76M
YoY Change -26.53% 3.17% -54.57%
Interest Expense $30.40M $26.55M -$22.30M
YoY Change 20.15% -0.13% -67.5%
% of Operating Profit 131.21% 112.17% -90.04%
Other Income/Expense, Net -$2.593M -$4.609M $1.230M
YoY Change -713.72% -151.25%
Pretax Income -$12.31M -$8.116M -$17.51M
YoY Change -342.13% 83.41% -67.21%
Income Tax -$3.368M -$12.07M -$9.526M
% Of Pretax Income
Net Earnings -$8.912M $3.935M -$7.965M
YoY Change -268.34% -129.43% -81.9%
Net Earnings / Revenue -1.18% 0.54% -1.11%
Basic Earnings Per Share -$0.03 $0.01
Diluted Earnings Per Share -$0.03 $0.01 -$29.74K
COMMON SHARES
Basic Shares Outstanding 269.4M shares 269.5M shares 266.8M shares
Diluted Shares Outstanding 269.6M shares 270.4M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.69M $74.62M $92.42M
YoY Change -70.09% -76.39% -85.28%
Cash & Equivalents $45.69M $74.62M $82.96M
Short-Term Investments $9.457M
Other Short-Term Assets
YoY Change
Inventory $27.04M
Prepaid Expenses
Receivables $441.7M $408.1M $380.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $487.4M $482.7M $463.0M
YoY Change -6.43% -24.76% -50.42%
LONG-TERM ASSETS
Property, Plant & Equipment $4.995B $5.059B $5.128B
YoY Change 0.63% 7.5% 7.58%
Goodwill $1.009B $1.041B $1.073B
YoY Change -2.94% 2.21% 35.08%
Intangibles $919.1M $944.1M $981.0M
YoY Change -9.1% 7.89% 23.02%
Long-Term Investments $70.13M $72.51M $37.46M
YoY Change 81.82% 69.63% -16.59%
Other Assets
YoY Change
Total Long-Term Assets $7.514B $7.653B $7.753B
YoY Change -1.21% 6.56% 12.41%
TOTAL ASSETS
Total Short-Term Assets $487.4M $482.7M $463.0M
Total Long-Term Assets $7.514B $7.653B $7.753B
Total Assets $8.002B $8.135B $8.216B
YoY Change -1.55% 3.99% 4.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $516.7M $554.6M $559.4M
YoY Change -10.56% -1.59% 1.25%
Accrued Expenses $271.4M $283.0M $301.8M
YoY Change -14.23% -0.95% 12.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $788.2M $837.6M $861.2M
YoY Change -11.86% -1.38% 4.82%
LONG-TERM LIABILITIES
Long-Term Debt $3.218B $3.213B $3.120B
YoY Change 7.72% 12.25% 5.42%
Other Long-Term Liabilities $44.76M $41.73M $37.17M
YoY Change 18.96% 14.09% 0.72%
Total Long-Term Liabilities $3.263B $3.255B $3.157B
YoY Change 7.86% 12.27% 5.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $788.2M $837.6M $861.2M
Total Long-Term Liabilities $3.263B $3.255B $3.157B
Total Liabilities $4.179B $4.236B $4.187B
YoY Change 1.63% 7.04% 3.68%
SHAREHOLDERS EQUITY
Retained Earnings -$1.359B -$1.291B -$1.158B
YoY Change 24.62% 24.45% 29.3%
Common Stock $2.694M $2.693M $2.683M
YoY Change 0.97% 3.18% 6.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.810B $3.888B $4.021B
YoY Change
Total Liabilities & Shareholders Equity $8.002B $8.135B $8.216B
YoY Change -1.55% 3.99% 4.92%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$8.912M $3.935M -$7.965M
YoY Change -268.34% -129.43% -81.9%
Depreciation, Depletion And Amortization $83.67M $82.69M $87.60M
YoY Change 18.56% -2.09% 50.26%
Cash From Operating Activities $49.64M $117.7M $108.7M
YoY Change 35.76% 44.8% 63.52%
INVESTING ACTIVITIES
Capital Expenditures $80.11M -$95.57M -$178.6M
YoY Change -175.62% -10.51% 32.1%
Acquisitions
YoY Change
Other Investing Activities -$15.94M -$2.151M -$115.1M
YoY Change -96.02% -98.86% -92.34%
Cash From Investing Activities -$96.05M -$97.72M -$293.7M
YoY Change -81.04% -66.89% -82.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.25M 5.963M 116.2M
YoY Change -92.78% -97.54% -94.21%
NET CHANGE
Cash From Operating Activities 49.64M 117.7M 108.7M
Cash From Investing Activities -96.05M -97.72M -293.7M
Cash From Financing Activities 22.25M 5.963M 116.2M
Net Change In Cash -24.15M 25.90M -68.75M
YoY Change -85.08% -9.78% -115.78%
FREE CASH FLOW
Cash From Operating Activities $49.64M $117.7M $108.7M
Capital Expenditures $80.11M -$95.57M -$178.6M
Free Cash Flow -$30.47M $213.2M $287.3M
YoY Change -121.38% 13.39% 42.46%

Facts In Submission

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us-gaap Profit Loss
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us-gaap Profit Loss
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NetIncomeLossAttributableToNoncontrollingInterest
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CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2021Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 art Other Comprehensive Income Loss Netof Tax Portion Attributableto Parent Excluding Hyperinflation Adjustment
OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentExcludingHyperinflationAdjustment
11427000 usd
CY2022Q1 us-gaap Dividends Common Stock
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Profit Loss
ProfitLoss
3953000 usd
CY2022Q2 art Other Comprehensive Income Loss Netof Tax Portion Attributableto Parent Excluding Hyperinflation Adjustment
OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentExcludingHyperinflationAdjustment
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CY2022Q2 us-gaap Dividends Common Stock
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q2 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q1 us-gaap Profit Loss
ProfitLoss
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CY2021Q1 art Other Comprehensive Income Loss Netof Tax Portion Attributableto Parent Excluding Hyperinflation Adjustment
OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentExcludingHyperinflationAdjustment
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CY2021Q1 us-gaap Dividends Common Stock
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Profit Loss
ProfitLoss
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OtherComprehensiveIncomeLossNetofTaxPortionAttributabletoParentExcludingHyperinflationAdjustment
9051000 usd
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
57897000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3866175000 usd
us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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art Depreciation Depletion And Amortization Excluding Amortization Of Debt Issuance Costs And Discounts And Below Market Leases
DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscountsAndBelowMarketLeases
165310000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of (1) assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and (2) revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div><div style="margin-bottom:14pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Summary of Significant Accounting Policies</span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The following disclosure regarding certain of our significant accounting policies should be read in conjunction with Note 2 to the consolidated financial statements included in our 2021 Annual Report on Form 10-K as filed with the SEC, which provides additional information with regard to the accounting policies set forth herein and other significant accounting policies. </span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Formation of Latin America Joint Venture</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">On May 31, 2022, we formed a joint venture, Americold LATAM Holdings Ltd (the “LATAM JV”), with Cold LATAM Limited (our “JV partner”), in an effort to help us grow our business and market presence in the Latin America region, excluding Brazil. Our JV partner committed to invest approximately $209.0 million in exchange for 85% of the total equity interests, and we contributed our Chilean business upon formation of the joint venture and retained the remaining 15% equity interests in the joint venture. Our JV partner’s contribution commitment includes an initial contribution of $8 million at closing and the remainder as a contribution receivable to the LATAM JV. The JV partner must complete its remaining contribution payments over the next four-year period through December 31, 2025 and in doing so, it retains its 85% equity ownership during this period. As a result of this transaction, we recognized a loss of approximately $4.1 million within “Other, net” on the Condensed Consolidated Statement of Operations (net of accumulated foreign currency translation loss related to the Chilean business) upon the deconsolidation of this entity and subsequent recognition of our subsidiary’s 15% equity investment in the LATAM JV at its estimated fair value of $37.0 million within “Investments in partially owned entities” on the Condensed Consolidated Balance Sheet. The fair value of the Company’s retained equity investment is based on Level 2 measurements within the fair value hierarchy based on the cash paid and contribution receivable committed to by our JV partner for their 85% interest, as well as fair value measurement performed in December 2020 when the Chilean business was acquired. Under the terms of the JV agreement, the Company has a call right that enables it to purchase all remaining issued and outstanding shares of the LATAM JV starting in 2026 through 2028, as calculated in accordance with the JV agreement. Upon expiration of the Company’s call option, if unexercised, the JV partner has a call right that requires the Company to sell all of its interest in the LATAM JV by December 31, 2028, with the exercise price based upon the same calculation as the Company’s call option in accordance with the JV agreement.</span></div><div><span><br/></span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Extinguishment of New Market Tax Credit (“NMTC”) Arrangement</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">During the second quarter of 2022, we recognized a gain of $3.4 million within “Other, net” on the Condensed Consolidated Statement of operations upon extinguishment of New Markets Tax Credit (“NMTC”) agreements which were dissolved immediately following the conclusion of the seven-year compliance period during which the tax credits were recognized. The NMTC deferred contribution liability was previously recorded within “Accounts payable and accrued expenses” on the Condensed Consolidated Balance Sheets. For a more detailed description of the NMTC arrangement, refer to Note 17 of the consolidated financial statements in the Company’s 2021 Annual Report on Form 10-K as filed with the SEC. </span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Impairment of Long-Lived Assets</span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">There were no impairment charges recorded during the three or six months ended June 30, 2022. During the three and six months ended June 30, 2021, the Company recorded impairment charges totaling $1.5 million related to costs associated with development projects which management determined it would no longer pursue.</span></div><div style="margin-bottom:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Future Adoption of Accounting Standards</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Reference Rate Reform</span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">In March 2020, the FASB issued ASU 2020-04, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Reference Rate Reform (Topic 848)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">. This ASU contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. During the first quarter of 2020, the Company has elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index </span></div>upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur.
art Depreciation Depletion And Amortization Excluding Amortization Of Debt Issuance Costs And Discounts And Below Market Leases
DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtIssuanceCostsAndDiscountsAndBelowMarketLeases
161670000 usd
us-gaap Amortization Of Financing Costs And Discounts
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2306000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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us-gaap Amortization Of Above And Below Market Leases
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1057000 usd
us-gaap Amortization Of Above And Below Market Leases
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401000 usd
art Gain Losson Extinguishmentof Debt Noncash
GainLossonExtinguishmentofDebtNoncash
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art Gain Losson Extinguishmentof Debt Noncash
GainLossonExtinguishmentofDebtNoncash
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
33000 usd
art Income Lossand Otherthan Temporary Impairmentfrom Equity Method Investments
IncomeLossandOtherthanTemporaryImpairmentfromEquityMethodInvestments
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art Income Lossand Otherthan Temporary Impairmentfrom Equity Method Investments
IncomeLossandOtherthanTemporaryImpairmentfromEquityMethodInvestments
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
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us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4566000 usd
us-gaap Gain Loss On Sale Of Other Assets
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us-gaap Gain Loss On Sale Of Other Assets
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art Impairmentof Long Lived Assetstobe Disposedofand Inventory Writedown
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0 usd
art Impairmentof Long Lived Assetstobe Disposedofand Inventory Writedown
ImpairmentofLongLivedAssetstobeDisposedofandInventoryWritedown
1528000 usd
us-gaap Provision For Doubtful Accounts
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1966000 usd
us-gaap Provision For Doubtful Accounts
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2910000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-484000 usd
us-gaap Increase Decrease In Other Operating Capital Net
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16865000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
133242000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Proceeds From Sale Of Equity Method Investments
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us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
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us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
6260000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
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us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
11600000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1985000 usd
us-gaap Proceeds From Stock Plans
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15791000 usd
us-gaap Proceeds From Long Term Lines Of Credit
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253340000 usd
us-gaap Proceeds From Long Term Lines Of Credit
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us-gaap Repayments Of Long Term Lines Of Credit
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55000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
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70000000 usd
art Sale Leaseback Transaction Repayment Financing Activities
SaleLeasebackTransactionRepaymentFinancingActivities
3584000 usd
art Sale Leaseback Transaction Repayment Financing Activities
SaleLeasebackTransactionRepaymentFinancingActivities
1184000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
19337000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3110000 usd
art Repayments Of Medium Term Debt And Secured Debt
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3629000 usd
art Repayments Of Medium Term Debt And Secured Debt
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203493000 usd
us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
52219000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7079000 usd
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BusinessCombinationIntegrationRelatedCosts
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BusinessCombinationIntegrationRelatedCosts
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BusinessCombinationIntegrationRelatedCosts
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CyberIncidentRelatedCosts
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BusinessCombinationAcquisitionRelatedExpensesLitigationsExpenseandOther
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3922000 usd
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CY2022Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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EmployeeBenefitsAndShareBasedCompensation
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EmployeeBenefitsAndShareBasedCompensation
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EmployeeBenefitsAndShareBasedCompensation
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P1Y10M24D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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art Sharebased Compensation Arrangementby Sharebased Payment Award Options Vestedin Period Grant Date Fair Value
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SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsVestedinPeriodGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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CY2022Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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DepreciationDepletionAndAmortization
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CY2022Q2 us-gaap Selling General And Administrative Expense
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BusinessCombinationAcquisitionRelatedExpensesLitigationsExpenseandOther
5663000 usd
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BusinessCombinationAcquisitionRelatedExpensesLitigationsExpenseandOther
3922000 usd
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BusinessCombinationAcquisitionRelatedExpensesLitigationsExpenseandOther
15738000 usd
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24673000 usd
CY2022Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 usd
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ImpairmentOfLongLivedAssetsToBeDisposedOf
1528000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
26545000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
26579000 usd
us-gaap Interest Expense
InterestExpense
52318000 usd
us-gaap Interest Expense
InterestExpense
52535000 usd
CY2022Q2 art Gain Loss On Extinguishment Of Debt And Termination Of Derivatives
GainLossOnExtinguishmentOfDebtAndTerminationOfDerivatives
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GainLossOnExtinguishmentOfDebtAndTerminationOfDerivatives
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OtherNonoperatingIncomeExpense
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CY2022Q2 us-gaap Assets
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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269464000 shares
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.17
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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270384000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
253213000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
269464000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2022Q2 us-gaap Revenues
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CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2021Q2 us-gaap Revenues
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21580000 usd
us-gaap Revenues
Revenues
1435451000 usd
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RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Operating Lease Lease Income
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us-gaap Revenues
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CY2022Q2 art Revenue Performance Obligation Satisfiedover Time Variable Consideration Constrained Percentage
RevenuePerformanceObligationSatisfiedoverTimeVariableConsiderationConstrainedPercentage
1
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
670500000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.83
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
400500000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
375100000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
30700000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
26100000 usd

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